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Earnings Per Share and Earnings Per Unit - (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of amounts used in computing basic and diluted earnings per share The following table shows the amounts used in computing the Trust’s basic and diluted earnings per share (in thousands, except share and per share data):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Numerator for earnings per share - basic:
 
 
 
 
 
Net income
$
39,773

 
$
31,522

 
$
12,741

Net income attributable to noncontrolling interests:
 
 
 
 
 
Operating Partnership
(1,136
)
 
(825
)
 
(576
)
Partially owned properties
(491
)
 
(716
)
 
(377
)
Preferred distributions
(731
)
 
(1,857
)
 
(1,189
)
Numerator for earnings per share - basic:
$
37,415

 
$
28,124

 
$
10,599

Numerator for earnings per share - diluted:
 
 
 
 
 
Numerator for earnings per share - basic:
37,415

 
28,124

 
10,599

Operating Partnership net income
1,136

 
825

 
576

Numerator for earnings per share - diluted
$
38,551

 
$
28,949

 
$
11,175

Denominator for earnings per share - basic and diluted:
 
 
 
 
 
Weighted average number of shares outstanding - basic
163,123,109

 
126,143,114

 
72,750,724

Effect of dilutive securities:
 
 
 

 
 
Noncontrolling interest - Operating Partnership units
4,839,967

 
3,692,095

 
3,708,494

Restricted shares
89,497

 
205,036

 
190,619

Restricted share units
178,726

 
426,648

 
142,236

Denominator for earnings per share - diluted
168,231,299

 
130,466,893

 
76,792,073

Earnings per share - basic
$
0.23

 
$
0.22

 
$
0.15

Earnings per share - diluted
$
0.23

 
$
0.22

 
$
0.15

The following table shows the amounts used in computing the Operating Partnership’s basic and diluted earnings per unit (in thousands, except unit and per unit data):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Numerator for earnings per unit - basic and diluted:
 
 
 
 
 
Net income
39,773

 
31,522

 
12,741

Net income attributable to noncontrolling interests -
partially owned properties
(491
)
 
(716
)
 
(377
)
Preferred distributions
(731
)
 
(1,857
)
 
(1,189
)
Numerator for earnings per unit - basic and diluted
$
38,551

 
$
28,949

 
$
11,175

Denominator for earnings per unit - basic and diluted:
 
 
 
 
 
Weighted average number of units outstanding - basic
167,963,076

 
129,835,209

 
76,459,218

Effect of dilutive securities:
 
 
 

 
 
Restricted shares
89,497

 
205,036

 
190,619

Restricted share units
178,726

 
426,648

 
142,236

Denominator for earnings per unit - diluted
168,231,299

 
130,466,893

 
76,792,073

Earnings per unit - basic
$
0.23

 
$
0.22

 
$
0.15

Earnings per unit - diluted
$
0.23

 
$
0.22

 
$
0.15